The Next Domino - Spain

Violent protests against Rajoy's cuts plague Spain

To see more go to http://www.youtube.com/user/journeyma...

Follow us on Facebook (http://goo.gl/YRw42) or Twitter (http://www.twitter.com/journeymanvod)

There are five million unemployed and property prices are plummeting. Now, Spain has dipped back into recession. With predictions of two more years of shrinking, can the country find a way out?

The "I Won't Pay" movement see grassroots action as the only way to save Spain. "We will never allow banks or anyone to take our homes", says one protester. Yet thousands of property evictions still happen every week, as well as thousands of job losses. Many are quitting the country completely, leaving a "brain drain", as the most valuable human resources rapidly vanish. There is no doubt that Spain is in deep trouble. Is there any real hope of the country escaping a crisis?

A Film By SBS
Distributed By Journeyman Pictures
March 2012

• Category

  News & Politics

[horsepukey]

I have a tough time understanding why these idiots are defending this illegal, none white person, who clearly looks mesoamericans. Should not these idiots throw out all these North Africans, Sub Saharan Africans, and Messoamericans from Mexico, Central America and South America. They should leave EU, tell German lackeys of American and British Banks too piss off! Then start rebuilding thier country, and finaly give the old heave ho to that Burbon lacky and build real unified country.

[herr direktor]

spains economy was basicly house building, germans economy is basicly selling cars, northern europes economy is basicly oil from norway, and centre of europe is swiss banks vatican laundry money from drug dealers and other criminals all around the world... and on top we have the usa and central banks invading countrys for their oil and their heroin to sell and wash more cash thru the banks while this poor get poorer and rich richer and they are all coming north scaping misery

[Gary Chamberlain]

The begging of sorrows 2012 and beyond wake up it is coming.

[Julian Silva]

It was a good idea implemented horribly.

[rgwynne100]

There was never true capitalism practiced here (ie: free market capitalism). Government insures or backs loans, so banks led recklessly. And government regulates excessively, so people invest recklessly. If theres a larger concern for loosing money, or true market forces from the beginning, People, government, and companies behave more responsibly and without reckless abandon.

[unifieddynasty .]

If the corporate fatcats cannot get paid, and nor are they willing to forgive the debt, they may find themselves in an entirely new and radical situation altogether. I doubt they will like it very much, if their lives are even spared to facilitate such complaint.

[Sanjay Kulkarni]

The euro looks like a bad idea economically!

[Sanjay Kulkarni]

No body knows how it is gonna end! The euro is unsustainable. Austerity is not the solution. There to four years of cannot unwind nearly 2 decades of massive easy money consumption. It is a miracle how well euro has held despite all its problems.

These countries have to devalue their currency massively against chinese yuan, so that surplus countries like them can come inn and invest! It is troublesome to see people suffer for sure! But politicians have no clue, how to solve this mess!

[Sanjay Kulkarni]

The life style in europe is unsustainable. It has become very expensive. It is also very expensive to vacation there. The euro still being very high compared to other asian currencies, they would have to lower their currency at least by 50%, to get back people with money to invest in these countries. Back in the days the materials were not this expensive and labor was cheap. Now most of the salary is consumed in fuel, cell phones,cable with nothing left for real life needs!